cheretic

Beware the wedge!

Short
cheretic Updated   
BITFINEX:BTCUSD   Bitcoin
Seen this pattern play out before!

BTC trading in a large rising wedge.

Expecting a short pump followed by a big sell off.

I'll be selling into the euphoria and taking some risk away so I can buy the fear a bit later.

Then should commence a rally for the final wave 5 towards the end of the year.

See you around $30K BTC
Comment:
tricksy bitcoins is... but the wedge broke down in the end.
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